Episode 420: CEE gas markets volatile on Russian supply uncertainty, German levy

Episode 420: CEE gas markets volatile on Russian supply uncertainty, German levy

Germany has announced a higher-than-expected increase in the German storage fee from 1 July, even though the levy is expected to be scrapped at the start of 2025.

The announced short-term rise combined with Austria’s OMV warnings about a possible gas supply curtailment amid a court case ruling lifted European gas prices in the second half of May.

The almost simultaneous news triggered volatility across hubs as markets remain on edge over the regional supply outlook as the Russian gas transit agreement with Ukraine ends on 1 January 2025.

ICIS models show that even in a scenario where flows were fully stopped this winter, European storage facilities should remain at levels that would be higher than the long-term average.

Nevertheless, markets remain sensitive to a number of risks described in this interview by Aura Sabadus with ICIS reporters Irina Breilean, Rob Dalton, Tatjana Jovanovic and Amun Govil-Lie.

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Episode 444: The next big commodity in gas markets is not gas, it is data

Episode 444: The next big commodity in gas markets is not gas, it is data

Europe's gas market is entering a new era in which transparency is becoming just as valuable as the resource itself. As policymakers tighten requirements around carbon emissions, methane monitoring an...

30 Kesä 27min

Episode 443: Europe’s biomethane sector gains momentum despite policy challenges

Episode 443: Europe’s biomethane sector gains momentum despite policy challenges

While Europe’s long-term biomethane potential remains strong as output is projected to reach up to 35bcm by 2030, growth is being slowed by regulatory bottlenecks, permitting delays and feedstock cons...

20 Touko 25min

Episode 442: Poland bets on LNG and tariff reform to strengthen CEE gas hub status

Episode 442: Poland bets on LNG and tariff reform to strengthen CEE gas hub status

Since Russia sharply reduced gas supplies to Europe in 2022, Poland has emerged as a key regional gas crossroads, underpinned by its Swinoujscie LNG terminal, expanded interconnections and access to B...

15 Huhti 30min

Episode 441: War, energy shocks and what comes next

Episode 441: War, energy shocks and what comes next

Energy markets were jolted into crisis after war erupted in the Middle East on 28 February, abruptly ending expectations of a calm year marked by abundant oil and gas supply and falling prices.As the ...

24 Maalis 30min

Episode 440: LNG remains critical to Europe's security of supply despite geopolitical and regulatory risks

Episode 440: LNG remains critical to Europe's security of supply despite geopolitical and regulatory risks

The US-Israeli led war against Iran has unleashed extreme volatility across energy markets, with natural gas prices rising as much as 70% in the first ten days of March.Traders fear that the longer th...

11 Maalis 30min

Episode 439: Deeper EU market is key to address economic, security challenges

Episode 439: Deeper EU market is key to address economic, security challenges

Europe’s single market is widely regarded as the jewel in the crown of EU integration. However, the energy crisis of 2022 showed that its electricity and gas markets remain fragmented, exposing the bl...

25 Helmi 35min

Episode 438: Lithuania's LNG terminal is a key CEE energy security actor - CEO

Episode 438: Lithuania's LNG terminal is a key CEE energy security actor - CEO

Lithuania’s offshore Klaipeda LNG terminal had a record year in 2025, with the port’s utilisation rate soaring well above the EU average. Operator KN Energies anticipates an even better year in 2026. ...

27 Tammi 25min

Episode 437: EU biomethane market blooms but challenges slow down progress

Episode 437: EU biomethane market blooms but challenges slow down progress

The EU’s biomethane market has been developing at speed.Since 2023, production has risen more than 30% and the fuel is fast becoming not just an instrument to reach energy transition targets but is al...

21 Tammi 26min

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